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What effect does communism have on businesses in china?

Anonymous

∙ 15y ago

Updated: 4/28/2022

China is not communist in any way except name. It operates on a very capitalist free market economy, just like the rest of the world.

Wiki User

∙ 15y ago

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Answer this question… wanted to eliminate any perceived threats to communism in China.

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The Treaty of Versailles gave Japan the right of extraterritoriality in China along with the Shandong peninsula. This prompted the May 4th Movement in China and turned the exercise into a popular that led indirectly the establishment of communism in China

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Related Questions

How did communism effect China when it was first established?

Communism (a classless stateless society based on production for use and democratic control) has never existed in China.

What effect did the communist victory in China have on the American attitude to the spread of communism?

They all died. =D

How is China governed?

by communism

Communism in a sentence?

Communism is common in China.

How has communism affected Taiwan?

Taiwan's existence as an entity independent of Mainland China is a direct result of the Communists achieving power on the mainland and those who supported the older government retiring to Taiwan. However, in domestic politics, Communism has very little power or effect in Taiwan.

How did the Communists change life in China?

Life changed in China because of the distant effect of Communism. The common people felt as if they were no longer in control of their own daily lives.

Was the fall of Communism an effect of the Industrial Revolution?

The fall of Communism was not a effect of the Industrial Revolution, it was an effect of the Cold War.

What government they have in china?

communism

Who runs businesses in communism?

Businesses are owned by the State and are directed by bureaucrats appointed by the State.

Does china use communism?

Yes. It has used communism since 1949

What is the largest Asian country to fall to communism?

The largest Asian country to fall to communism was "China" in 1949

What do you call countries in which businesses are owned by the government?

communism

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